The American Iron and Steel Institute (AISI) has reported that the U.S. imported 1.87 million net tons (NT) of steel in April 2026, including 1.38 million NT of finished steel, based on preliminary Census…
The contrast between China's weak steel production but robust iron ore imports is continuing and is starting to look like a structural shift rather than a temporary dislocation.
Global pig iron production for the period from January to April 2026 fell by 1.6% compared to the same period in 2025, to 456.3 million tons. This is according to data from the World Steel Association…
India's Ministry of Steel has asked the finance ministry to withdraw anti-dumping tariffs on low-ash metallurgical coke imports, citing inadequate domestic supplies and higher prices, according to a government…
U.S. steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil—by $10 per short ton compared to the previous week. This was announced in a letter the company sent to its customers…
South Africa has set higher import duties on certain steel products, ranging from 10% to 30%, to defend the struggling industry in the face of weak demand and rising imports led by China.
As of May 15, 2026, iron ore prices (KORE 62% Fe/Qingdao) had risen by 3.9% compared to May 1, reaching $114.7/t CFR. Over the past month (April 17–May 15), prices rose by 5.3%, indicating a market recovery…
The global hot-rolled coil market showed mixed trends in April 2026. In the United States and China, prices continued to rise due to limited supply and high raw material costs, while in the EU, the domestic…
Nippon Steel, Japan's biggest steelmaker, on Wednesday said it expects its net profit for the year that ends in March to increase sharply to 220 billion yen ($1.4 billion) as the effects of one-off losses…
Baoshan Iron & Steel Co (Baosteel), the listed arm of the world’s top steelmaker China Baowu Steel Group, is raising its list prices for several major flat-rolled products, including hot-rolled coil (HRC),…
Chinese steel prices are expected to continue strengthening in May, supported by the likely improvement in both market fundamentals and macroeconomic conditions, Mysteel's chief analyst Wang Jianhua predicts…
